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Once the merger had taken place, Diageo was rated a credit rating score of the+ and thus it paid decreased yields. The organization also had the chance to borrow short term industrial paper and it did so by borrowing forty seven% of the total debt, which was in the form of short term business paper with six months to one year maturities.
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In conjunction with this, the opposite financing decisions which happen to be made by the administrators in short term or routinely are funds structure management, desire coverage upkeep, credit history rating routine maintenance and attaining optimum combination of personal debt and equity.
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